Hilltop Holdings Inc. Invests $241,000 in Sila Realty Trust, Inc. (NYSE:SILA)

Hilltop Holdings Inc. bought a new stake in shares of Sila Realty Trust, Inc. (NYSE:SILA) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 9,538 shares of the company’s stock, valued at approximately $241,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. EverSource Wealth Advisors LLC bought a new position in shares of Sila Realty Trust during the 2nd quarter worth about $26,000. GoalVest Advisory LLC acquired a new position in Sila Realty Trust during the 2nd quarter worth approximately $25,000. Global Financial Private Client LLC bought a new position in Sila Realty Trust in the second quarter worth approximately $26,000. DiNuzzo Private Wealth Inc. acquired a new stake in Sila Realty Trust in the second quarter valued at approximately $27,000. Finally, Oakworth Capital Inc. bought a new stake in shares of Sila Realty Trust during the third quarter valued at approximately $35,000.

Wall Street Analysts Forecast Growth

SILA has been the subject of several research reports. Truist Financial started coverage on shares of Sila Realty Trust in a research report on Monday, October 7th. They issued a “buy” rating and a $29.00 price target for the company. Janney Montgomery Scott started coverage on shares of Sila Realty Trust in a research report on Thursday, October 3rd. They set a “buy” rating and a $28.00 target price for the company.

Sila Realty Trust Trading Up 1.2 %

Shares of Sila Realty Trust stock opened at $25.64 on Friday. The stock’s fifty day moving average is $25.37. Sila Realty Trust, Inc. has a 12-month low of $7.45 and a 12-month high of $26.75. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.37.

Sila Realty Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, December 13th. Stockholders of record on Friday, November 29th will be issued a $0.1333 dividend. The ex-dividend date of this dividend is Friday, November 29th. This represents a $1.60 annualized dividend and a dividend yield of 6.24%.

Sila Realty Trust Company Profile

Sila Realty Trust, Inc, headquartered in Tampa, Florida, is a net lease real estate investment trust with a strategic focus on investing in the large, growing, and resilient healthcare sector. The Company invests in high quality healthcare facilities along the continuum of care, which, we believe, generate predictable, durable, and growing income streams.